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DC Torque Tool Market by Type (Handheld and Fixtured Tools), Power Source (Corded and Cordless), Control System (Transducer and Current), Industry (Automotive, Aerospace, and Energy), and Geography - Global Forecast to 2023

DC Torque Tool Market by Type (Handheld and Fixtured Tools), Power Source (Corded and Cordless), Control System (Transducer and Current), Industry (Automotive, Aerospace, and Energy), and Geography - Global Forecast to 2023

“DC torque tool market to exhibit steady growth between 2017 and 2023”
The DC torque tool market is expected to grow from USD 2.81 billion in 2017 to USD 3.38 billion by 2023, at a CAGR of 3.16% between 2017 and 2023. The key driving factors for the growth of the DC torque tool market include the increasing sales of commercial and passenger vehicles, the use of Industry 4.0 accelerates adoption of DC torque tools, the requirement of specific torque as well as flexible and efficient fastening tools. Moreover, the advent of brushless DC motors drives the growth of the market for cordless fastening tools.

“Automotive industry is the prominent market for the DC torque tool market”
DC torque tools are widely used in the automotive industry at various stages. These tools are used by OEMs as well as in the service and repair centers. According to the International Organization of Motor Vehicle Manufacturers (OICA), the global commercial vehicle sales have surged by 3.27% and 4.37% in 2015 and 2016, respectively. Moreover, automotive manufacturers continued to invest in the new and upgraded production line. The automotive industry requires critical fastening solutions and DC torque tools that provide the precise torque. Increasing automotive production is expected to drive the DC torque tool market in the near future.

“APAC to be the fastest-growing market for DC torque tool during the forecast period”
APAC is the emerging market for the DC torque tool. According to the OICA, in 2016, the automotive production in APAC was ~54% of total automotive production. Moreover, China and India are the major countries in APAC that are involved in the development of wind energy. According to the Global Wind Energy Council (GWEC), in 2016, China led the global wind market for 8 consecutive years and had the highest installed wind power capacity in 2016. Hence, with the growing industry of automotive, power, electronics and consumer appliances, APAC is expected to be the fastest-growing market for DC torque tools.

The break-up of the profiles of primary participants for the report has been given below:
• By Company Size: Tier 1 = 30%, Tier 2 = 35%, and Tier 3 = 35%
• By Designation: C–Level Executives = 55%, D–Level Executives = 30%, and Others = 15%
• By Region: North America = 35%, Europe = 35%, APAC = 20%, and RoW = 10%
The key players in the market include Atlas Copco AB (Sweden), Robert Bosch GmbH (Germany), Stanley Black & Decker, Inc. (US), Apex Tool Group, LLC. (US), Ingersoll-Rand plc (Ireland), Hilti Corporation (Liechtenstein), Makita Corporation (Japan), Techtronic Industries Company Limited (Hong Kong), Uryu Seisaku, Ltd. (Japan), and Gedore-Werkzeugfabrik GmbH & Co. KG (Germany).

Research Coverage:
The research report on the global DC torque tool market covers different segments—type, power source, control system, industry, and geography. The market based on type has been segmented into handheld and fixtured tools. On the basis of power source, the DC torque tool market has been classified into corded and cordless tools. The report covers the two types of control systems—transducer control and current control tools. Further, the DC torque tool market has been segmented on the basis of industries into automotive, aerospace, electronics & consumer appliances, energy, shipbuilding, and others (construction, process, metalworking, agriculture, medical device, and railway). The report covers four major geographic regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market based on type, power source, control system, industry, and geography have been conducted to give an overall view of the DC torque tool market.
The value chain analysis included in the report to provide an in-depth insight into the DC torque tool market.
The major drivers, restraints, opportunities, and challenges for the DC torque tool market have been detailed in this report.
The report includes a detailed competitive landscape along with key players, in-depth analysis, and revenue of key players.
Competitive leadership mapping analysis provided in the report gave in-depth analysis of various manufacturers in the DC torque tool market and listed them in dynamic differentiators, emerging companies, innovators, and visionary leaders.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTION
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ELECTRIC FASTENING SYSTEMS MARKET OPPORTUNITIES
    • HANDHELD ELECTRIC FASTENING SYSTEMS MARKET FOR AUTOMOTIVE INDUSTRY, BY POWER SOURCE
    • ELECTRIC FASTENING SYSTEMS MARKET FOR ELECTRONICS AND CONSUMER APPLIANCES INDUSTRY, BY TYPE
    • ELECTRIC FASTENING SYSTEMS MARKET IN APAC, BY COUNTRY AND INDUSTRY
    • ELECTRIC FASTENING SYSTEMS MARKET, BY GEOGRAPHY
  • MARKET OVERVIEW
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
      • COMPONENTS
      • ELECTRIC FASTENING TOOL MANUFACTURERS
      • DISTRIBUTORS AND END-USER INDUSTRIES
    • WIRELESS CHARGING: NEW TREND IN THE POWER TOOL MARKET
    • BRAND ANALYSIS: IMPORTANCE OF BRAND IN THE ELECTRIC FASTENING SYSTEMS MARKET
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • ELECTRIC FASTENING SYSTEMS MARKET, BY TYPE
    • INTRODUCTION
      • Table ELECTRIC FASTENING SYSTEMS MARKET, BY TYPE, 2014–2023 (USD MILLION)
    • HANDHELD TOOLS
      • ELECTRIC NUTRUNNER
      • ELECTRIC SCREWDRIVER
      • ELECTRIC TORQUE WRENCH
      • ELECTRIC IMPACT DRIVER
      • OTHERS
    • FIXTURED TOOLS
      • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AUTOMOTIVE INDUSTRY, BY TYPE, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AEROSPACE INDUSTRY, BY TYPE, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ELECTRONICS AND CONSUMER APPLIANCES INDUSTRY, BY TYPE, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ENERGY INDUSTRY, BY TYPE, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET FOR SHIPBUILDING, BY TYPE, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET FOR OTHER INDUSTRIES, BY TYPE, 2014–2023 (USD MILLION)
  • ELECTRIC FASTENING SYSTEMS MARKET, BY POWER SOURCE
    • INTRODUCTION
      • Table HANDHELD ELECTRIC FASTENING SYSTEMS MARKET, BY POWER SOURCE, 2014–2023 (USD MILLION)
    • CORDED TOOLS
    • CORDLESS TOOLS
      • Table HANDHELD ELECTRIC FASTENING SYSTEMS MARKET FOR AUTOMOTIVE INDUSTRY, BY POWER SOURCE, 2014–2023 (USD MILLION)
      • Table HANDHELD ELECTRIC FASTENING SYSTEMS MARKET FOR AEROSPACE INDUSTRY, BY POWER SOURCE, 2014–2023 (USD MILLION)
      • Table HANDHELD ELECTRIC FASTENING SYSTEMS MARKET FOR ELECTRONICS AND CONSUMER APPLIANCES INDUSTRY, BY POWER SOURCE, 2014–2023 (USD MILLION)
      • Table HANDHELD ELECTRIC FASTENING SYSTEMS MARKET FOR ENERGY INDUSTRY, BY POWER SOURCE, 2014–2023 (USD MILLION)
      • Table HANDHELD ELECTRIC FASTENING SYSTEMS MARKET FOR SHIPBUILDING INDUSTRY, BY POWER SOURCE, 2014–2023 (USD MILLION)
      • Table HANDHELD ELECTRIC FASTENING SYSTEMS MARKET FOR OTHER INDUSTRIES, BY POWER SOURCE, 2014–2023 (USD MILLION)
  • ELECTRIC FASTENING SYSTEMS MARKET, BY CONTROL SYSTEM
    • INTRODUCTION
      • Table ELECTRIC FASTENING SYSTEMS MARKET, BY CONTROL SYSTEM, 2014–2023 (USD MILLION)
    • TRANSDUCER CONTROL TOOLS
      • Table TRANSDUCER CONTROL ELECTRIC FASTENING SYSTEMS MARKET, BY REGION, 2014–2023 (USD MILLION)
    • CURRENT CONTROL TOOLS
      • Table CURRENT CONTROL ELECTRIC FASTENING SYSTEMS MARKET, BY REGION, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN NORTH AMERICA, BY CONTROL SYSTEM, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN EUROPE, BY CONTROL SYSTEM, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN APAC, BY CONTROL SYSTEM, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN ROW, BY CONTROL SYSTEM, 2014–2023 (USD MILLION)
  • ELECTRIC FASTENING SYSTEMS MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table ELECTRIC FASTENING SYSTEMS MARKET, BY INDUSTRY, 2014–2023 (USD MILLION)
    • AUTOMOTIVE
      • ORIGINAL EQUIPMENT MANUFACTURERS
      • SERVICES & REPAIRS
        • Table ELECTRIC FASTENING SYSTEMS MARKET IN AUTOMOTIVE INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • AEROSPACE
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN AEROSPACE INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • ELECTRONIC AND CONSUMER APPLIANCES
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN ELECTRONICS AND CONSUMER APPLIANCES INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • ENERGY
      • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ENERGY INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • SHIPBUILDING
      • Table ELECTRIC FASTENING SYSTEMS MARKET FOR SHIPBUILDING INDUSTRY, BY REGION, 2014–2023 (USD MILLION)
    • OTHERS
      • Table ELECTRIC FASTENING SYSTEMS MARKET FOR OTHER INDUSTRIES, BY REGION, 2014–2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table ELECTRIC FASTENING SYSTEMS MARKET, BY REGION, 2014–2023 (USD MILLION)
      • Table TRANSDUCER CONTROL ELECTRIC FASTENING SYSTEMS MARKET, BY REGION, 2014–2023 (USD MILLION)
      • Table CURRENT CONTROL ELECTRIC FASTENING SYSTEMS MARKET, BY REGION, 2014–2023 (USD MILLION)
    • NORTH AMERICA
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN NORTH AMERICA, BY INDUSTRY, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN NORTH AMERICA, BY COUNTRY, 2014–2023 (USD MILLION)
      • US
      • MEXICO
      • CANADA
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AUTOMOTIVE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AEROSPACE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ELECTRONICS AND CONSUMER APPLIANCES INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ENERGY INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR SHIPBUILDING INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA, BY COUNTRY, 2014–2023 (USD MILLION)
    • EUROPE
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN EUROPE, BY INDUSTRY, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN EUROPE, BY COUNTRY, 2014–2023 (USD MILLION)
      • GERMANY
      • FRANCE
      • UK
      • SPAIN
      • REST OF EUROPE
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AUTOMOTIVE INDUSTRY IN EUROPE, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AEROSPACE INDUSTRY IN EUROPE, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ELECTRONICS AND CONSUMER APPLIANCES INDUSTRY IN EUROPE, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ENERGY INDUSTRY IN EUROPE, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR SHIPBUILDING INDUSTRY IN EUROPE, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR OTHER INDUSTRIES IN EUROPE, BY COUNTRY, 2014–2023 (USD MILLION)
    • APAC
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN APAC, BY INDUSTRY, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN APAC, BY COUNTRY, 2014–2023 (USD MILLION)
      • CHINA
      • JAPAN
      • INDIA
      • REST OF APAC
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AUTOMOTIVE INDUSTRY IN APAC, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AEROSPACE INDUSTRY IN APAC, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ELECTRONICS AND CONSUMER APPLIANCES IN APAC, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ENERGY INDUSTRY IN APAC, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR SHIPBUILDING INDUSTRY IN APAC, BY COUNTRY, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR OTHER INDUSTRIES IN APAC, BY COUNTRY, 2014–2023 (USD MILLION)
    • REST OF THE WORLD
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN ROW, BY INDUSTRY, 2014–2023 (USD MILLION)
      • Table ELECTRIC FASTENING SYSTEMS MARKET IN ROW, BY REGION, 2014–2023 (USD MILLION)
      • MIDDLE EAST & AFRICA
      • SOUTH AMERICA
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AUTOMOTIVE INDUSTRY IN ROW, BY REGION, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR AEROSPACE INDUSTRY IN ROW, BY REGION, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ELECTRONICS AND CONSUMER APPLIANCES INDUSTRY IN ROW, BY REGION, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR ENERGY INDUSTRY IN ROW, BY REGION, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR SHIPBUILDING INDUSTRY IN ROW, BY REGION, 2014–2023 (USD MILLION)
        • Table ELECTRIC FASTENING SYSTEMS MARKET FOR OTHER INDUSTRIES IN ROW, BY REGION, 2014–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS: ELECTRIC FASTENING SYSTEMS MARKET
      • Table RANKING ANALYSIS OF KEY PLAYERS IN ELECTRIC FASTENING SYSTEMS MARKET, 2017
    • COMPETITIVE SITUATIONS AND TRENDS
      • BATTLE FOR MARKET SHARE: PRODUCT LAUNCHES AND DEVELOPMENTS WAS THE KEY STRATEGY BETWEEN 2014 AND 2017
      • PRODUCT LAUNCHES AND DEVELOPMENTS
      • ACQUISITIONS
      • EXPANSIONS
  • COMPANY PROFILES
    • INTRODUCTION
    • ATLAS COPCO AB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • APEX TOOL GROUP, LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • STANLEY BLACK & DECKER, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • ROBERT BOSCH GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • INGERSOLL-RAND PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HILTI CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • TECHTRONIC INDUSTRIES CO. LTD. (TTI)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • URYU SEISAKU, LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • MAKITA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • GEDORE-WERKZEUGFABRIK GMBH & CO. KG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • KEY INNOVATORS
      • PANASONIC CORPORATION
      • HITACHI KOKI CO., LTD.
      • ESTIC CORPORATION
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE FOR THE ELECTRIC FASTENING SYSTEMS MARKET
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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